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Energy Bill scrapped

Buy-to-let landlords with properties holding five or more tenants have been freed from the prospect of paying license fees after the Home Energy Conservation Bill was scrapped.

But the MP behind the proposals says legislation may still be in the pipeline.

Despite the Bill being aimed primarily at reducing energy usage in houses of multiple occupancy (HMOs), plans for local authorities to register landlords and administer annual license fees were attached.

Labour MP Dr Des Turner withdrew his proposal in July after government legal advisers raised concerns.

But the advisers&#39 objections were not made to the clauses concerning HMO licensing, and now Dr Turner says progress is likely to be made at a later date.


HM Land Registry publish new consultation

This week the Land Registry published a major consultation paper on new land registration rules. The new rules will support the Land Registration Act 2002, received Royal Assent on 26 February this year. Both the Act and the new rules are expected to come into force on October 13 2003. The land registration system underpins […]

Commercial First appoints two national training managers

Commercial First has appointed two national training managers in newly created roles. Jenny Kovacs has been appointed as training manager in the South, joining Commercial First from Preferred Mortgages where she was a roving underwriter. Jenny Harte has been appointed as training manager in the North, joining Commercial First from Moneysupermarket where she previously worked […]

Rising prices hinder first time buyers

Rising house prices are making it harder than ever for first time buyers to get a foot onto the property ladder. And lenders are not doing enough to help according to Andy Frankish, director or Mortgage Talk Direct, the national direct department of Mortgage Talk. He says: “Many prospective buyers, especially in the London and […]

New nominal rate and buy-to-let deals from Bristol & West Mortgages

Bristol & West Mortgages has lowered its nominal rate to 6.5% from 7.75%. This means that all minimum rental yields will be calculated on this rate, except for the five-year fixed products, which still use the actual rate. For example, when a buy-to-let loan application is considered, theamount of money offered to the customer is […]


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